Aloro Mobilizes Drill Rig to the Los Venados Project

November 19, 2018

ALORO MINING CORP. – (the “Company”) is pleased to announce that it has mobilized a Reverse Circulation (RC) drill rig to the Los Venados Project. The RC drill rig was expedited from Hermosillo, Sonora to Mulatos, Sonora this morning and will arrive later today.

On Tuesday, the RC drill rig will move on site to the # 1 drill pad to set up and begin drilling later that day. The decision to use the RC drill rig was based on the information that RC drilling has been proven to get better recovery in the surrounding area because it takes a bigger sample and is more representative of the ground being drilled.

The bulldozer continues to construct the drill pads and an access road to the other drill sites ahead of the drill rig.

Thomas A. Doyle, President, CEO, stated “These are exciting times for Aloro as this is the first time that the southern portion of the property has been drilled.”

About Aloro Mining Corp.

Aloro controls the 3,199 hectare Los Venados Project which is located in the central part of the Mulatos Gold District and the western border of which property is shared with Agnico Eagle Mines Limited where it operates the La India open pit mine. The Los Venados Project is directly adjacent to the active Mulatos open pit of Alamos Gold Inc. to the south. The known mineralization within the Mulatos District is gold-dominant, with accessory silver and copper.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.